FREDTODAY: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FREDTODAY
Largest movements
- Receivables within one year +€128,730
up €128,730 (+157%), from €82,158 to €210,888
of which Other amounts receivable: +€94,418
- Tangible fixed assets -€24,264
down €24,264 (-2.5%), from €955,172 to €930,908
of which Land and buildings: -€21,103
- Reserves +€72,922
up €72,922 (+15.3%), from €475,144 to €548,066
of which Distributable reserves: +€72,922
- Debts after one year -€42,816
down €42,816 (-8.1%), from €526,054 to €483,238
- Current portion of long-term debt +€31,767
up €31,767 (+38.4%), from €82,813 to €114,580
- Tax, wage and social debts +€22,432
up €22,432 (+130%), from €17,209 to €39,641
- Trade debts +€21,495
up €21,495 (+258%), from €8,336 to €29,831
- Gross operating margin +€19,233
up €19,233 (+16.5%), from €116,682 to €135,915
- Financial income +€9,325
up €9,325 (+15.6%), from €59,748 to €69,073
of which Non-recurring financial income: +€6,875
- Taxes +€4,690
up €4,690 (+33.7%), from €13,929 to €18,619
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,215,465 | €1,322,773 | +€107,308 | +8.8% |
| Fixed assets | 21/28 | €1,112,798 | €1,087,909 | -€24,889 | -2.2% |
| Intangible fixed assets | 21 | €1,638 | €1,013 | -€625 | -38.2% |
| Tangible fixed assets | 22/27 | €955,172 | €930,908 | -€24,264 | -2.5% |
| Land and buildings | 22 | €677,842 | €656,739 | -€21,103 | -3.1% |
| Plant, machinery and equipment | 23 | €270,637 | €270,316 | -€321 | -0.1% |
| Furniture and vehicles | 24 | €6,694 | €3,853 | -€2,841 | -42.4% |
| Financial fixed assets | 28 | €155,988 | €155,988 | +€0 | 0.0% |
| Current assets | 29/58 | €102,667 | €234,864 | +€132,197 | +129% |
| Amounts receivable within one year | 40/41 | €82,158 | €210,888 | +€128,730 | +157% |
| Trade receivables | 40 | €8,230 | €42,543 | +€34,313 | +417% |
| Other amounts receivable | 41 | €73,927 | €168,345 | +€94,418 | +128% |
| Cash at bank and in hand | 54/58 | €17,480 | €22,629 | +€5,149 | +29.5% |
| Deferred charges and accrued income | 490/1 | €3,029 | €1,347 | -€1,682 | -55.5% |
| Total equity and liabilities | 10/49 | €1,215,465 | €1,322,773 | +€107,308 | +8.8% |
| Equity | 10/15 | €502,644 | €575,566 | +€72,922 | +14.5% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Reserves | 13 | €475,144 | €548,066 | +€72,922 | +15.3% |
| Non-distributable reserves | 130/1 | €2,750 | €2,750 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,750 | €2,750 | = | 0.0% |
| Distributable reserves | 133 | €472,394 | €545,316 | +€72,922 | +15.4% |
| Amounts payable | 17/49 | €712,821 | €747,207 | +€34,386 | +4.8% |
| Amounts payable after more than one year | 17 | €526,054 | €483,238 | -€42,816 | -8.1% |
| Financial debts | 170/4 | €526,054 | €483,238 | -€42,816 | -8.1% |
| Amounts payable within one year | 42/48 | €186,767 | €263,969 | +€77,202 | +41.3% |
| Current portion of amounts payable after more than one year | 42 | €82,813 | €114,580 | +€31,767 | +38.4% |
| Trade debts | 44 | €8,336 | €29,831 | +€21,495 | +258% |
| Suppliers | 440/4 | €8,336 | €29,831 | +€21,495 | +258% |
| Taxes, remuneration and social security | 45 | €17,209 | €39,641 | +€22,432 | +130% |
| Taxes | 450/3 | €17,209 | €39,641 | +€22,432 | +130% |
| Other amounts payable | 47/48 | €78,409 | €79,917 | +€1,508 | +1.9% |
| Non-recurring operating income | 76A | €1,147 | - | -€1,147 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,291 | €72,713 | +€422 | +0.6% |
| Other operating charges | 640/8 | €4,866 | €3,881 | -€985 | -20.2% |
| Gross operating margin | 9900 | €116,682 | €135,915 | +€19,233 | +16.5% |
| Operating profit (loss) | 9901 | €39,525 | €59,321 | +€19,796 | +50.1% |
| Financial income | 75/76B | €59,748 | €69,073 | +€9,325 | +15.6% |
| Recurring financial income | 75 | €4,341 | €6,791 | +€2,450 | +56.4% |
| Non-recurring financial income | 76B | €55,407 | €62,282 | +€6,875 | +12.4% |
| Financial charges | 65/66B | €13,015 | €11,853 | -€1,162 | -8.9% |
| Recurring financial charges | 65 | €12,907 | €11,772 | -€1,135 | -8.8% |
| Non-recurring financial charges | 66B | €108 | €81 | -€27 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €86,257 | €116,541 | +€30,284 | +35.1% |
| Income taxes | 67/77 | €13,929 | €18,619 | +€4,690 | +33.7% |
| Profit (loss) for the period | 9904 | €72,328 | €97,922 | +€25,594 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €72,328 | €97,922 | +€25,594 | +35.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.